There's not one energy or utility stock that meets our standards of continuous long-term business performance.

218

True investing is making a commitment to own a company, to participate in its business over the long term and not betting on short-term movements in its stock price. To change our core discipline would dilute our efforts and all that we believe in.

214

To me, short-sellers are no good for long-term investors. They can move prices of a stock in a way that has nothing to do with fundamental intrinsic value.

153